As labor struggle takes center stage, can DAOs democratize work?

Cointelegraph

Published Apr 21, 2022 10:03AM ET

Updated Apr 21, 2022 11:40AM ET

Web3 has given rise to a number of innovative business models. In particular, decentralized autonomous organizations (DAOs) have started gaining traction as Web3 as the creator economy comes to fruition.

Natalie Salemink, CEO and founder of Prismatic — a tooling and treasury management platform for DAOs — told Cointelegraph that DAOs are internet-native organizations that utilize smart contracts to facilitate coordination and governance in pursuit of a common goal.

TheCaféDAO founding members gearing up for their first pop-up shop. Source: TheCaféDAO

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